Maybe but remember Obama don't like Bankers much these days:maddBanks are in line for more bailout money and so is GMAC...........http://news.yahoo.com/s/nm/20091230/ts_nm/us_gmac_aid
I would say that is a nice profit...plenty of profit to fit in some watches...:bI bought kmart stock when it was a dollar a share.Actually my dad got them and gave them to me.He said to save them.over the years those stocks split numerous times.I started with 100 and ended with 2500 shares.The original buy in was 100.00.
I sold them all when kmart stock hit 41.00 per share. nice little profit.
I'm fairly certain your guy is right. I'm almost out, too. I am not sure it will be so soon, but I'm also not sure the first dip was the worst of it, either.My guy is screaming double dip in late Jan or Feb and he was spot on the first time the stockmarket crashed, so im out of the SM for a while and in a IRA with option, at my local bank.